May 25 2009
Posted by admin as Americas, Industry, Investments, Regulation, Trends
Congress is likely to begin a review of the financial oversight system next month, with an eye toward revamping regulation. Banking, of course, will take center stage, especially now that the federal government has a direct stake in many of the nation’s largest banks.
But with the government’s in-volvement in American International Group Inc. of New York claiming more than $180 billion from taxpayers, insurers should also come under the congressional microscope. Source
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